Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SMART GRID FRIENDLY from Frameries, company number BE0429876284, closed financial year 2025 with a result of € -6,913 after tax. For that financial year SMART GRID FRIENDLY recorded a gross margin of € -2,657 and equity of € 34,699. Compared with financial year 2024, the result moved from € 1,052 to € -6,913. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 21, 2026.
€ 34,699
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,913
▼ still € 1,052 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 16,099.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 43
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2025
€ 17,019
Loans from banks and other lenders, long and short.
€ 12,197
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,776 | € 107,861 | € 12,074 | € -2,657 | ▼ € 14,731 |
| Profit after taxes | € -5,643 | € 82,376 | € 1,052 | € -6,913 | ▼ € 7,965 |
| Equity | € 38,183 | € 40,559 | € 41,611 | € 34,699 | ▼ 17% |
| Total debts | € 88,146 | € 219,407 | € 101,582 | € 178,575 | ▲ 76% |
| Cash | - | € 25,362 | € 4,665 | - | |
| Retained profit | € 19,583 | € 21,959 | € 23,011 | € 16,099 | ▼ 30% |
| Dividend | € 0 | € 80,000 | € 0 | € 0 | |
| Bank debt | € 11,248 | € 2,351 | € 0 | € 17,019 | |
| Balance sheet total | € 126,329 | € 259,966 | € 143,193 | € 213,273 | ▲ 49% |
Key figures of SMART GRID FRIENDLY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SMART GRID FRIENDLY?
What happened at SMART GRID FRIENDLY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,913 (▼ € 7,965 vs 2024). Source: NBB ↗
- D-Carré S.R.L. became a director. NBB
- Outdoor and Style S.R.L. became a director. NBB
- Frédéric DELLIS became a director. NBB
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,643 loss in 2022 to € 6,913 loss in 2025.
Paid € 30,041 in corporate taxes since 2022.
Best year ever: 2023, with € 82,376 profit.
Paid out € 80,000 in dividends to the owners in total.
Management
The stake of OUTDOOR AND STYLE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SMART GRID FRIENDLYBehind SMART GRID FRIENDLY are D-Carré S.R.L., Outdoor and Style S.R.L. and Frédéric DELLIS. The shares are held by OUTDOOR AND STYLE (50.8%).
Directors
According to the 2025 annual accounts
since 2023
since 2023
since 2023
Shareholders
OUTDOOR AND STYLE · holding of D-Carré S.R.L.
50.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Av.du Parc d'Avent.Scientifiques 15
7080 Frameries
Rue Fariaux 43
7000 Mons
Active since 8 December 1986
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.876.284
- VAT number
- BE 0429.876.284
- Registered office
- Av.du Parc d'Avent.Scientifiques 15, 7080 Frameries
- Names & denominations
- SMART GRID FRIENDLY · SGF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 1986
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie